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Tabreed eyes growth with new partnerships, acquisitions

By District Energy posted 08-07-2017 12:09

  

Fareed Rahman, Gulf News
August 6, 2017

Summary

Abu Dhabi: National Central Cooling Company, also known as Tabreed, will be looking at new opportunities after a tie-up with French energy company Engie recently, the company’s chief executive officer told Gulf News in an interview.

“With Engie on board, we are truly moving in the direction of being a regional international player. Having a strong energy company as a shareholder fits our appetite for growth,” said Jasim Husain Thabet. “Our focus will continue to be on the GCC [Gulf Cooperation Council] but I see us seriously exploring markets outside the GCC and closing on those if they make sense for us.”

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